Sinopec Oilfield Service Corp operates within the Organic fibers, noncellulosic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinopec Oilfield Service Corp with three other
chemical manufacturers in Asia:
Hengyi Petrochemical Co Ltd
sales of 30.32 billion Chinese Renmimbi [US$4.50 billion]
of which 45%
Indorama Ventures PCL
(234.70 billion Thai Bahts [US$6.70 billion]
of which 56%
was Solid State Polymerised Chips), and
Nan Ya Plastics Corporation
based in Taiwan
(299.78 billion Taiwanese Dollars [US$9.51 billion]
of which 31%
was Electronic Products).
During the year ended December of 2015, sales at
Sinopec Oilfield Service Corp were 60.35 billion Chinese Renmimbi (US$8.95 billion).
decrease of 23.6%
versus 2014, when the company's sales were 78.99 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 40.9% decline
in Logging and Mud Logging, from 4.19 billion Chinese Renmimbi to 2.47 billion Chinese Renmimbi.
There were also decreases in sales in
Drilling Engineering (down 26.8% to 28.74 billion Chinese Renmimbi)
Engineering Construction (down 22.5% to 15.61 billion Chinese Renmimbi)
Special Downhole Operations (down 18.6% to 6.93 billion Chinese Renmimbi)
Unallocated (down 35.2% to 1.25 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Geophysics (up 4.2% to 5.34 billion Chinese Renmimbi)